“The Government pledges to lead by example, dedicating all its capacity, intellect, and responsibility to advancing the nation into a new era - an era of peace, prosperity, civilization, and happiness, toward socialism,” PM Pham Minh Chinh said.

Prime Minister Pham Minh Chinh has just signed Directive No. 31 on the development of the 2026-2030 five-year socio-economic development plan.

Vietnam’s top leaders urge truth-telling and bold action to overcome institutional inertia and drive real change.

Inflation held at 2.8% annually over 10 years as Vietnam upgrades to emerging market status.

A newly released draft of the political report for the 14th National Party Congress introduces a key goal: increasing Vietnam’s GDP per capita to approximately $8,500 by 2030.

Vietnam is entering a pivotal phase where entrepreneurial ambition aligns with the Party’s reform-driven vision. With transparency and decisive action, this synergy could power transformative economic growth.

Once reliant on assembly, Vietnam is now mastering core technologies and building a creative industrial future.

Vietnam has advanced in specialising its industry and services, particularly in higher value-added segments, but institutional reforms and productivity gains are vital to fully capitalise on the global supply chain shifts.

Asian and Western news outlets such as channelnewsasia.com and uz.kursiv.media, have praised Vietnam’s impressive economic growth, noting that the Southeast Asian economy is showing strong resilience despite the effects of recent US tariff policies.

The government has issued Resolution No. 306 on adjustments to the national master planning for the 2021-2030 period, with a vision extending to 2050.

Vietnam’s economy posted impressive growth in the third quarter of this year, with GDP estimated to rise 8.23% year-on-year - its second-highest third-quarter growth since 2011, just behind Q3 2022’s 14.38%.

Vietnam’s economy expanded at a rate of 7.85% in the first nine months of the year, according to the National Statistics Office of Vietnam under the Ministry of Finance.

Prime Minister Pham Minh Chinh highlighted that thanks to the Party’s leadership and nationwide efforts, socio-economic performance has improved month by month and quarter by quarter.

Vietnam's economy remains resilient to increasing uncertainties and high US tariffs thanks to solid domestic demand, the Asian Development Bank (ADB) said in its September Asian Development Outlook (ADO).

Given that the growth task for 2025 still faces many challenges, achieving the growth target of 8.3–8.5% relies heavily on the acceleration of localities that are key economic drivers of the country.

Experts urge reform as the country restructures government, pushes tech, and eyes global leadership.

The Vietnam Private Economic Landscape (ViPEL) model was launched in Hanoi on September 11, aiming to elevate the private sector into the country’s most powerful driver of development.

Vietnam sets its sights on becoming a high-income nation by 2045, but must overcome aging, low productivity, and global headwinds.

Economists say Vietnam’s next phase of growth hinges on reforms in education, governance, and green technology.

General Secretary To Lam’s 2045 pledge sets a reform mandate: law-based markets, higher productivity, and unleashed innovation.